COLLEGE DORM SWALLOW UP A SIGNIFICANT AMOUNT OF PARKING SPACES IN BURLINGTON? IT WAS THE TOPIC OF DISCUSSION TONIGHT AT CITY COUNCIL, NEWSCHANNEL FIVES DAVID CHARNS WAS THERE .. HE JOINS US LIVE IN THE NEWSROOM WITH MORE. DAVID? - CHAMPLAIN COLLEGE WILL BUY THE BROWNS COURT LOT FROM THE CITY. ITS CURRENT 38 SPACES WILL BE NO MORE ... BUT THEY'LL BE REPLACED WITH MORE 10-HOUR PARKING SPACES .. UNDER A NEW SIX-STORY BUILDING. QUICK! nat- skateboard CITY COUNCIL PAVES THE WAY FOR CHAMPLAIN COLLEGE TO PURCHASE THIS 38-SPACE... CITY-OWNED... PARKING LOT. IT'S THE SECOND PART OF FIVE- YEAR LAND ACQUISITION. DAVID PROVOST VP, CHAMPLAIN COLLEGE we currently own the property next door at the eagle's club. this was always in our thoughts that this would make the project better THE 6-STORY BUILDING WILL HOUSE ABOUT 300 UPPERCLASSMEN ... ALL PART OF THE COLLEGE'S PLAN TO PROVIDE LIVING QUARTERS FOR EVERY STUDENT. COUNCILOR JOAN SHANNON COUNCIL PRESIDENT i think that what you plan to do is wonderful and I hope to see it become reality A REALITY AFTER THE COLLEGE HANDS OVER MORE THAN A MILLION DOLLARS... AND THESE PARKING SPACES ARE REPLACED. CITY LEADERS -- SAY IT'S A WIN-WIN. DAVID CHARNS the city rakes in about 30-thousand dollars each year from this lot. The small change will continue will come in with an underground public lot. And then there are the property taxes TWO PROPERTIES BRINGING IN NO TAX REVENUE TWO PROPERTIES BRINGING IN NO TAX REVENUE NOW... WILL BECOME ONE COMBINED MONEY MAKER... COMPLETE WITH ROOMS FOR STUDENTS -- WITH PUBLIC AND PRIVATE PARKING. MAYOR MIRO WEINBERGER BURLINGTON an above market rate sale as well as the long term finances to have both of these fairly substances being added to the tax rolls will have a significant positive aspect on the grand list THERE ARE ALSO PLANS FOR FIRST-FLOOR RETAIL SPACES. AND -- IN A LAST MINUTE ADDITION -- THE COUNCIL WILL REQUIRE THE COLLEGE KEEP STUDENTS WHO WILL LIVE HERE IN CHECK. COUNCILOR JANE KNODELL WARD 2 we understand that we want this property managed extremely well and we have high expectations for the conduct of the students CHAMPLAIN COLLEGE MUST NOW SIGN AN OFFICIAL BILL OF SALE WITH THE CITY... AND SECURE PERMITS. COLLEGE LEADERS HOPE TO GET THE PROJECT GOING THIS WINTER. LIVE IN THE NEWSROOM, I'M DAVID CHARNS, NEWSCHANNEL 5 NIGHTCAST. TRANS TOMORROW,